HUNGARY H2 Budapest now open
Hotelsschedule 14 July 2021
H2 in Budapest comprises 152 rooms
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The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Office & mixed-use development
Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.
Architecture and urban planning
Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the largest architectural competition in the history of the Czech Republic.
Green projects
The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, for the development of sustainable real estate in Romania.
Office & mixed-use development
At the end of Q2 2021, the total modern office stock in Warsaw amounted to almost 6.1 mln sqm, according to the latest figures from PINK (the Polish Chamber of Commercial Properties). The vacancy rate was up by 1.1 pp q-o-q and by 4.6 pp y-o-y to 12.5 pct.
Office & mixed-use development
A museum dedicated to Apple products is to open in the Norblin Factory complex in the autumn with 1,500 exhibits related to the development and evolution of the company’s technology.
Infrastructure
Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.
Retail & leisure
Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc district of Moravia.
Public buildings
In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure recorded in Q4 2020.
Office & mixed-use development
Warsaw city council has leased 12,000 sqm in the newly completed Widok Towers in the centre of the capital.
Office & mixed-use development
Industrial and office agency Axi Immo has renewed the leases for its premises on the top floor of Spektrum Tower in Warsaw’s CBD as well as in Muchowiec Active Park in Katowice.
Office & mixed-use development
RTL Services, the business services company for Magyar RTL Televízió, has signed a long-term lease for space in the Liget Center and the Liget Auditórium office buildings in Budapest, which are owned by Wing.
Retail & leisure
Polish developer Scallier has acquired a retail park development from Oasis Retail & Development Consulting in Timişoara for an undisclosed sum.
Investment & finance
Almost EUR 300 mln was invested in Romanian real estate in H1 2021, according to figures provided by Cushman & Wakefield Echinox. A large contribution to the volume was provided by the increased activity of Austrian office investors.
Retail & leisure
Spar Hungary has recently opened two new supermarkets and reopened two refurbished stores in an investment of EUR 5.3 mln in its Hungarian store network.
Warehouse & industrial
MLP Group has contracted Poznań-based W.P.I.P. to expand its MLP Poznań West project in Dąbrówka on the city’s western outskirts. The general contractor is to build more than 43,000 sqm of new space, with the construction work due to begin by the end of this month.
Infrastructure
Skanska has been awarded a contract worth more than CZK 1.95 bln (app. EUR 77 mln) from the Czech highway authority to build a section of the D55 motorway in the area of Staré Město in Moravia.
Investment & finance
Fresh from its successful EUR 500 mln green bond issue, its disposal of its Serbian portfolio and a number of acquisitions in Budapest, Eurobuild CEE asked Globe Trade Centre’s president, Yovav Carmi, and CFO Ariel Ferstman, about the company’s post-pandemic plans
Warehouse & industrial
Logistics operator Raben Logistics Polska has leased 7,560 sqm of warehouse space in Panattoni Park Gdańsk Airport.
Warehouse & industrial
Czech industrial real estate investor and developer Accolade has acquired two sites in Szczecin’s Załom-Kasztanowe district for the development of 73,000 sqm gla of warehousing.
Office & mixed-use development
Deutsche Bahn Cargo Romania, the Romanian subsidiary of Europe’s largest railway carrier, is to relocate its headquarters to One Cotroceni Park, close to Bucharest city centre.
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Wing has completed the first Hungarian B&B Hotel on the banks of the Danube in Budapest, having converted the former Angyal office building on Boráros tér, near Petőfi Bridge.
Radisson Hotel Group has opened the Belgrade Art Hotel.
In 2020, EUR 370 mln was transacted in the hotel sector in Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia, according to the third CEE hotel investment report published by CMS and Cushman & Wakefield.
The Matild Palace hotel has reopened in Budapest after five years of extensive renovations. The building, which is owned by Özyer Group, is to be run by Marriott International as a Luxury Collection Hotel.
According to the Chamber of Commerce (Izba Gospodarcza Hotelarstwa) for the Polish Hotel Industry, Polish hotels face losses from May this year of up to PLN 750 mln.
The Radisson Blu Hotel, Bucharest, has reopened following a major capital investment to elegantly transform the hotel’s lobby and garden area, as well as increase the number of guest rooms to over 600.
The International Well Building Institute (IWBI) has confirmed that the two hotels in The Warsaw Hub development have been awarded the Well Health-Safety Rating.
Most owners and operators expect a rebound in the hotel sector in European capitals over 2023-2024, according to Cushman and Wakefield.
Focus Hotels has opened an 85-room hotel in Elbląg.
The IntercityHotel Budapest has opened next to the Keleti railway station., in the eastern part of the city centre.
Radisson Hotel Group has opened the Hotel Imperial Plovdiv under its Radisson Individuals brand.
Over 2020, RevPAR slid by 64 pct in Vilnius, 68 pct in Riga, and 72 pct in Tallinn according to figures from the Christie & Co consultancy.
An Ibis Styles hotel is to open in Golden Sands [Златни пясъци] in May. Accor has signed a franchise agreement with Valdemosa EOOD to rebrand the recently renovated Roomer Hotel Golden Sands.
B&B has raised EUR 180 mln for its worldwide development plans.
B&B Hotels has sold two hotels – in Prague and Budapest – to Primonial REIM, an independent Paris-based real estate asset management group for an undisclosed sum.
Greek hotel management company Zeus International has bought a portfolio of three hotels in Bucharest in a cross-border share deal from Cyprus-based Alpha Real Estate Services (ARES) for an undisclosed sum.
Trigema has started reconstruction work on the Hotel Thermal Karlovy Vary - Areál bazén in West Bohemia.
The Bucharest hotel market continues to receive attention from hotel operators looking to expand their chains.
Poles are returning to hotels in holiday resorts more willingly than in the spring of 2020 but business hotels are still waiting for guests.
While planning my holiday this year in Bieszczady in the Polish mountains, I was reminded of my first visit to this region of the country – a place I have been deeply in love with ...
Small talkReal estate investment management company MNK Partners recently made its first Polish acquisition. We spoke to investment director Małgorzata Cieślak-Belgy about what and where its ...
Small talkAfter twelve years at RedNet, where she climbed all the way to the top, Anna Franus has now joined a competitor in the residential development services field, Kup i Mieszkaj, as ma ...
Dutch studios Benthem Crouwel Architekten and West 8 have won the competition to design a new central railway station for Brno, in what was the larges ...
Skanska is to build the Innovation Centre for Food Sciences for the Warsaw University of Life Sciences [SGGW].
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Robyg Group has turned to JLL to advise it on drawing up a comprehensive environmental, social and corporate governance (ESG) strategy.
Russia’s largest online retailer Wildberries has entered the Ukrainian market.
As pandemic and its related restrictions have unfortunately twice forced us to postpone the event, a third date has now been set for the annual Eurobu ...
Each month we reveal our Top 5 – the list of the five most popular news items and articles in Polish and English published on Eurobuild's website. The ...
Béranger Dumont, the CEO of BPI Real Estate Poland, speaks to Eurobuild FM about recent purchases of large plots in Wrocław and Poznań, coping with th ...
Our hopes for a rain-free day were fulfilled beyond all our expectations. The fifth ‘Suits on Bikes’ cycle ride and forum was held on a day blessed wi ...
The International Finance Corporation (IFC) has provided a provides a EUR 73 mln green loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockc ...
The H2 Hotel Budapest, Trademark Collection by Wyndham has opened.
Monika Rajska-Wolińska has been promoted from managing partner for Poland to the position of CEO of Colliers in Central and Eastern Europe, which now ...
Warbud is to rebuild a road bridge over the river Warta in Kostrzyn nad Odrą, close to the Polish-German border.
Globe Trade Centre has started the modernization of one the Aeropark Business Center in Warsaw.
Almost EUR 300 mln was invested in Romanian real estate in H1 2021, according to figures provided by Cushman & Wakefield Echinox. A large contributio ...
Slovakian real estate group HB Reavis has sold the site of the now demolished Transgas complex in central Prague to Czech developer PSN for CZK 870 ml ...
Colliers has been chosen to be the exclusive commercialisation agent for University Business Park in Łódź, which is owned by Globe Trade Centre.
Real estate services company Robertson Hungary has acquired BNP Paribas Real Estate Hungary, with which it has been in a cooperation agreement since 2 ...
In Q2 2021, the value of the apartments sold in the exclusive Złota 44 residential tower in Warsaw was 28 pct higher than the previous highest figure ...
Poland and the Czech Republic lead the way in the development of the PRS market in the CEE region, according to ‘The Private Rental Sector: Has it fou ...
Patria has bought two retail parks from Czech developer KPD – in Ovčáry just outside in Kolín in central Bohemia and in Mohelnice in the Olomouc distr ...
Atrium Poland Real Estate Management is to work with Pergamin, a Polish startup that allows contracts to be signed with digital signatures. In this wa ...
MLP Group has contracted Poznań-based W.P.I.P. to expand its MLP Poznań West project in Dąbrówka on the city’s western outskirts. The general contract ...
